How To Avoid Foreclosure In Fresno – Debt Relief Extended
Written by John Samarin
Posted in Blog, For Sellers, Short Sales
As always, consult a tax and/or legal professional regarding mortgage debt relief and how it applies to your specific situation.
There is great news for Fresno real estate owners facing the possibility of losing their home to foreclosure and have or plan on performing a short sale with a Fresno Realtor as their workout plan. This is huge help for people to catch up financially and not having to pay taxes on their forgiven debt is a great start!
The Franchise Tax Board has extended their Mortgage Forgiveness Debt Relief… full details are at the link below.
http://www.ftb.ca.gov/aboutFTB/Newsroom/Mortgage_Debt_Relief_Law.shtml
So what do you think about this move by California? Please share your comments below.
If you have any questions or need help… don’t hesitate to contact me via the “Contact Us” link above.
John Samarin is a Certified Short Sale Specialist and Fresno Realtor serving the Fresno/Clovis real estate market with strategic and professional real estate services.
